Cities
River Rock Capital Acquires 2 New Jersey Assets
Skyline Apartments and The Boulevard Apartments in Hasbrouck Heights total 338 units.
Bronx Affordable Housing Development Opens
The $52 million project is located in the Mount Eden neighborhood and will provide 126 units and supportive services.
Fifield Tops Off Chicago Community
The 188-unit luxury residential building in the River West neighborhood is slated to open in the fall of next year.
Rastegar Property Co. Expands Portfolio in Texas’ Capital
The new owner plans to renovate and modernize the building’s exterior, as well as the interior of each condominium unit.
California Communities Trade for $17M
The two neighboring communities in Azusa, Calif., built in the 60s, total 72 units that will be upgraded by the new owner.
Oak Residential Trades 350-Unit Kansas City Community
Goldman Sachs provided the buyer with a $32 million acquisition loan for the Class B multifamily asset.
CBRE Brokers South San Diego County Sale
Allen Chitayat and Nate Pepper represented the buyer, a Viewpoint Equities Inc. subsidiary. Hollister Creek Village traded for nearly $11 million.
Historic Boston Community Lands $10M Loan
In a deal arranged by Hunt Real Estate Capital, the 47-unit Navy Yard Apartments received financing through Fannie Mae.
Q&A: NYC Investment Post Rent Reform
Robert Morgenstern, founder of Morgenstern Capital, explains why the next growth story in the Big Apple’s multifamily landscape is about the right submarkets and new verticals.
Campus Advantage to Manage San Diego Student Housing
The 246-bed community is located on the south edge of San Diego State University’s campus.